Subject: Reconsideration of Conflict Minerals Rule Implementation
From: Tom Watson

March 15, 2017

SEC Action Chairman Michael S. Piwowar

Dear SEC Action Chairman Piwowar,

Their words might be better, but you might listen more to mine. Remember blood diamonds? Tanzanite? I don't hear about these any more, so supposedly this has stopped. Now minerals. There seems to be a sort of control on this, which you are being asked to remove. Please don't. Surely these are mined elsewhere. So maybe it adds a nickel to an I-phone's price. More likely the difference lines some corporate pocket -- likely not even American. We owe them no favors. Let it inconvenience, if it helps protect our environment

Sincerely,

Tom Watson